Page:United States Statutes at Large Volume 114 Part 3.djvu/849

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

PUBLIC LAW 106-429—APPENDIX A 114 STAT. 1900A-47 (1) PROHIBITION.—The Secretary of the Treasury shall instruct the United States executive directors of the international financial institutions to work in opposition to, and vote against, any extension by such institutions of any financial or technical assistance or grants of any kind to any country or entity described in subsection (e). (2) NOTIFICATION. —Not less than 15 days before any vote in an international financial institution regarding the extension of financial or technical assistance or grants to any country or entity described in subsection (e), the Secretary of the Treasury, in consultation with the Secretary of State, shall provide to the Committee on Appropriations and the Committee on Foreign Relations of the Senate and the Committee on Appropriations and the Committee on Banking and Financial Services of the House of Representatives a written justification for the proposed assistance, including an explanation of the United States position regarding any such vote, as well as a description of the location of the proposed assistance by municipality, its purpose, and its intended beneficiaries. (3) DEFINITION. —The term "international financial institution" includes the International Monetary Fund, the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Multilateral Investment Guaranty Agency, and the European Bank for Reconstruction and Development. (c) EXCEPTIONS.— (1) IN GENERAL.— Subject to paragraph (2), subsections (a) and (b) shall not apply to the provision of— (A) humgmitarian assistance; (B) democratization assistance; (C) assistance for cross border physical infrastructure projects involving activities in both a sanctioned country, entity, or municipality and a nonsanctioned contiguous country, entity, or municipality, if the project is primarily located in and primarily benefits the nonsanctioned country, entity, or municipality and if the portion of the project located in the sanctioned country, entity, or municipality is necessary only to complete the project; (D) small-scale assistance projects or activities requested by United States Armed Forces that promote good relations between such forces and the officials and citizens of the areas in the United States SFOR sector of Bosnia; (E) implementation of the Brcko Arbitral Decision; (F) lending by the international financial institutions to a country or entity to support common monetary and fiscal policies at the national level as contemplated by the Dajixjn Agreement; (G) direct lending to a non-sanctioned entity, or lending passed on by the national government to a non-sanctioned entity; or (H) assistance to the International Police Task Force for the training of a civilian police force. (I) assistance to refugees and internally displaced persons returning to their homes in Bosnia from which they had been forced to leave on the basis of their ethnicity.